Ethereum’s daily price swings, which have ranged from $2,309 to $2,541, at $2,485, demonstrate the market’s volatility and dynamic nature. Ethereum has a market valuation of over $299.25 billion at the moment, and over the past day, $6.91 billion worth of trades have taken place globally. After reaching a top in the $2,541 range, bulls … Read more
Bitcoin is showing strong upward momentum as of February 12, 2024, as seen by the huge increase it made on Sunday from $47,593 to $48,814 on multiple charts. The next Monday, there was $21.57 billion in trading volume for bitcoin, and its market value had increased to $939 billion. As of right now, the rising … Read more
A forensic specialist has stated that for Nigeria to reduce financial crimes related to digital assets, it is imperative that the country completely regulate cryptocurrency activity. The co-founder of A&D Forensics also urged Nigeria to pass legislation requiring banks to screen service providers before authorizing them to access customer accounts. Reducing Financial Crimes Connected to … Read more
Here is a summary of the most important cryptocurrency and economic news from Latin America during the past week, brought together by Latam Insights. Within this issue: El Salvador’s Nayib Bukele becomes victorious in the presidential race, the Brazilian tax authorities discovers more than 25,000 anomalies in cryptocurrency tax returns, and President Javier Milei of … Read more
The Web3 gaming platform Playdapp has revealed that it was the target of a hacking attack in which hackers took advantage of the system to generate tokens valued at about $31 million. According to Playdapp, if the hackers consent to returning the contracts and assets they took, they will receive a reward. Exchanges for Cryptocurrency … Read more
Since the August 2021 London upgrade, Ethereum has lost a sizable portion of its supply. Since the implementation of EIP-1559, which altered the way fees are determined, more over 4 million ether (3.2%) have been withdrawn off the network, according to ultrasound.money, a portal that keeps track of various information related to the ETH burn. … Read more
The nine recently formed exchange-traded funds (ETFs) have acquired 6,009.49 bitcoin, or over $288 million, since the end of the spot bitcoin ETF trading sessions on February 9, 2024. Grayscale’s Bitcoin Trust (GBTC), which developed into an exchange-traded vehicle that is publicly traded, has concurrently sold out roughly 2,252.2 bitcoin, or nearly $108 million. As … Read more
According to court filings dated February 9, 2024, FTX Trading Ltd. and its associates have declared their intention to sell Coinlist the subsidiary that they purchased for $10 million for $500,000. The most recent motion, which was submitted to the United States Bankruptcy Court for the District of Delaware, describes the planned sale in detail … Read more
According to court records filed on February 9, 2024, FTX Trading Ltd. and its affiliates have declared plans to sell a company it bought for $10 million to Coinlist for $500,000. The planned sale to optimize the estate’s worth for stakeholders and creditors is described in the most recent motion, which was submitted to the … Read more
After a flurry of bitcoin advertisements appeared to secure commercial slots for promotions before the 2022 Super Bowl, the next year saw none at all. According to a recent investigation on the topic, the tendency is expected to continue until 2024. The 58th Super Bowl will not include any new cryptocurrency company advertising, despite the … Read more